SEC Form 4 · accession 0001127602-15-028693
Freescale Semiconductor, Ltd. · FSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Bates
Officer — SVP & GM, Analog & Sensors
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Oct 1, 2015 | M | 4,097 | $9.47 | A | 74,722 | D | |
| Common SharesF1 | Oct 1, 2015 | S | 4,097 | $36.0998 | D | 70,625 | D | |
| Common Shares | Oct 1, 2015 | F | 5,582 | $35.92 | D | 65,043 | D | |
| Common Shares | Oct 2, 2015 | M | 15,903 | $9.47 | A | 80,946 | D | |
| Common SharesF3 | Oct 2, 2015 | S | 22,821 | $36.0103 | D | 58,125 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $9.47 | Oct 1, 2015 | M | 4,097 | D | — | Oct 1, 2019 | Common Shares | 4,097 | 35,903 | D |
| Employee Stock Option (Right to Buy)F4 | $9.47 | Oct 2, 2015 | M | 15,903 | D | — | Oct 1, 2019 | Common Shares | 15,903 | 20,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.24, inclusive. The reporting person undertakes to provide to Freescale Semiconductor, Ltd., any security holder of Freescale Semiconductor, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Shares withheld by Freescale Semiconductor, Ltd. to satisfy the tax withholding obligations associated with the vesting of a previously granted restricted share unit award.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.08, inclusive. The reporting person undertakes to provide to Freescale Semiconductor, Ltd., any security holder of Freescale Semiconductor, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The employee stock option, granted on October 1, 2012, granted Mr. Bates the right to purchase up to 80,000 shares, and vests at the rate of 25% per year on each anniversary of the grant date so that the option award is fully vested on the fourth anniversary of the grant date (subject to the terms of the Reporting Person's award agreement).